The key products and services being delivered under this federal Indefinite Delivery Contract (IDC) with the U.S. Department of Education's (ED) Office of Federal Student Aid (FSA) are the servicing of Title IV student financial aid in accordance with the Health Care and Education Reconciliation Act of 2010. The prime contractor is Edfinancial Services LLC, a for-profit limited liability company specializing in student loan servicing. Through multiple task orders issued under the $2.785...
This Federal Supply Schedule contract, GS23F0291K, was awarded by the U.S. Department of Education's Office of Federal Student Aid to Alltran Education, Inc., a for-profit organization, to perform collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract provides for the delivery of these "critical function" collection services across multiple task orders, with a total potential value of over $332 million. The...
The Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing, was awarded a multiple award indefinite delivery contract (IDC) by the U.S. Department of Education's Office of Federal Student Aid to provide servicing of Title IV student financial aid programs. The $2.49 billion contract, which does not have any set-aside designations, covers a range of Title IV compliance activities such as loan conversion, financial reconciliation, servicing, reporting,...
This Indefinite Delivery Contract (IDC) award, valued at $16 billion, was issued by the U.S. Department of Education's Office of Federal Student Aid to Central Research Inc., a for-profit Subchapter S Corporation. The contract, titled the Unified Servicing and Data Solution (USDS), aims to modernize the agency's legacy student loan servicing systems onto a single portal at StudentAid.gov. Under this IDC, the Department of Education has issued multiple task orders to Central Research Inc. as...
This multiple award Federal Supply Schedule contract with GC Services LP was awarded by the General Services Administration (GSA) under the Professional Services Schedule (PSS). The contract has a ceiling value of $483,226,960 and an ultimate completion date of May 25, 2020. Under this contract, the vendor provides private collection agency services to the Department of Education, Office of Federal Student Aid, to perform collection and administrative resolution activities on debts resulting...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a $16 billion Indefinite Delivery, Indefinite Quantity (IDIQ) contract vehicle called the Unified Servicing and Data Solution (USDS) to Nelnet Servicing LLC and other contractors. The USDS contract aims to consolidate federal student aid recipients under a single data processing system and modernize legacy student loan servicing operations. Under this IDIQ contract, Nelnet Servicing LLC has been awarded several...
The Federal Supply Schedule (FSS) contract GS23F0264K was awarded to Financial Asset Management Systems, Inc. (FAMS) by the General Services Administration's (GSA) Federal Acquisition Service. The contract, which falls under the Professional Services Schedule (PSS), is a multiple award vehicle with a ceiling value of $366,126,000 and a period of performance ending in May 2020. The primary purpose of this contract is to provide private collection agency services to the U.S. Department of...
The Department of Transportation Maritime Administration awarded a single-award blanket purchase agreement to Centennial Technologies Inc. for temporary acquisition, program management, and administrative and professional support services. As an 8(a) and HUBZone-certified small business, Centennial Technologies will provide these services from November 2021 through November 2026 with a potential value of $1,000,000. Under this agreement, the company has received a task order to provide...
The federal contract IDV award GS23F0239K is a Federal Supply Schedule contract issued under the Professional Services Schedule (PSS) by the General Services Administration (GSA) to the prime contractor Progressive Financial Services, Inc. The contract provides debt collection and administrative resolution services for delinquent student loans under various federal student aid programs. The contract includes three task orders: 1) a $221,791,555.42 award from the Office of Federal Student Aid...
The provided information describes a Federal Supply Schedule contract awarded by the U.S. federal government to a prime contractor. The contract, identified as GS23F0189P, is for the provision of debt collection services and servicing of defaulted loans. This may include borrower negotiations, restructuring, and workout agreements. The contract is a multiple award Federal Supply Schedule, with an ultimate completion date of October 21, 2004 and an award date of March 22, 2004. The contract has a...